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Politics : Mainstream Politics and Economics
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To: Brumar89 who wrote (19874)7/19/2012 12:25:14 PM
From: Wharf Rat1 Recommendation  Read Replies (3) of 85487
 
No, we haven't; we have had 3 years of piddley ass-spending with on-going tax breaks for the rich, which did work, and which has now run out of gas.



" threats to raise taxes, health care costs, and energy prices"

accompanied by the reality of slowing health costs, falling taxes, falling energy prices, and record corporate profits.

The country’s health care tab grew more slowly in 2009 and 2010 than at any other time in the more than 50 years the government has tracked it closely. Estimates suggest the 2011 increase stayed under 4 percent, in line with overall economic growth. That dry statistic has huge implications because health care costs had been growing about 2 percentage points faster than the economy, a pace that breaks the bank. Unfortunately, Heffler’s number-crunching unit sees an eventual return to the earlier trend as the economy fully recovers.
dailyherald.com
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